For the quarter ending Aug. 31, 2014, Monsanto reported a loss of $156 million, or 31 cents per share, compared with a loss of $249 million, or 47 cents per share, in the same period last year. It’s a tough time for biotech, and thank goodness. Monsanto’s losses were attributed to farmers in major agricultural zones favoring soy over GMO corn because of falling crop prices – largely caused by Syngenta’s release of MIR162 corn, which has been completely refused by Chinese officials repeatedly – which have depressed both local and foreign corn bushel prices. There is a looming $1 billion dollar class action lawsuit Syngenta will face, currently pending in three states over the release of AGRISURE VIPTERA® 4. All three class action suits were filed this past week in Federal Courts by U.S. farmers. Syngenta also just happens to be the company that has covered up the true toxicity of Atrazine, and the company has been sued in six different states to clean up more than 1000 water systems in six states where the herbicide has been found polluting rivers, streams, and lakes. While it would have been nice to take down this Agri Business giant for different reasons, it seems the company’s partner in crime, Syngenta, is doing the work of dismantling the GMO paradigm for everyone... But one evil over another makes nothing better. The only way out of the corporate disgrace upon humanitys future is as the UN even stated- Local organic farming. We as a species must return to ways in balance with nature, even if that means excepting what weve been doing is totally wrong and damaging. We can no longer sustain wrongful food systems. #organic #food #monsanto #truth #fda #occupy #occupymonsanto #gmo #nature #earth #future #health Repost from The Global Movement
Posted on: Mon, 13 Oct 2014 14:23:12 +0000